Personal Loan Calculator
Calculate monthly payments and total interest for any personal loan amount, rate, and term.
Part of our Finance Calculators collection.
Personal Loan Calculator
Free online calculator
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Results update automatically as you type
How to Use This Calculator
- 1
Enter your debt details.
- 2
See results instantly.
- 3
Adjust to compare strategies.
How This is Calculated
Monthly Payment = P Ć r(1+r)^n / [(1+r)^nā1] Total Interest = Payment Ć n ā Principal
Example Calculation
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Inputs
Result
Enter values above
Results appear as you type.
Frequently Asked Questions
Is this calculator accurate?
These are estimates based on the information provided. Actual rates and terms vary by lender.
Should I seek professional advice?
For significant financial decisions, consider consulting a financial advisor or credit counselor.